Page 111 - English_F5
P. 111

English



            each party remains comfortable and no complaints are raised by either side. In such
            situations, what makes many remain inquisitive about is the secret behind such
            trust. This is not natural, and yet it is sustained by a well-planned agreement on a
            particular purpose. The purposes of an agreement can be on sensitive matters such
            as employment, service provision, procurement, supply and lease.

        FOR ONLINE READING ONLY
          (b) Study carefully the following template of a Lease Agreement and note down your
              observations on the style, format and content. Compile a short report by observing
              the given aspects below.

                    1.  The format and organisation of the text
                    2.  Language  use and style

                    3.  The content covered



                                     LEASE AGREEMENT


             This Lease Agreement (this “Agreement”) is made this ____ day of  ________ 20____
                                              by and between
             ___________________________(herein after to be referred to as the “Landlord” one part) of __________________
             (Address)
                                                  and
             _________________ (herein after to be referred to as the “Tenant “on the other part) which expression shall where the
             context so requires includes their administrators, executors and assigns of either party.
             Whereas
             (a)   The Landlord is absolutely seized and possessed or otherwise well and sufficiently entitled to a residential house
                  situated Plot No. 000, Isevya Street, Dar es Salaam, (hereinafter referred to as the “demised premises”).
             (b)   And whereas the Landlord has agreed to let to the Tenant on lease the Demised Premises.
             (c)   And whereas the Tenant agrees to lease the said premises for the said period and upon conditions stated and in
                  the manner hereinafter stipulated;
             Now This Agreement Witnesses as follows:
             1.  Lease
             In  pursuance  of  the  said  agreement  and  in  consideration  of  the  rent  hereby  reserved  and  the  Tenant’  Covenants
             hereinafter mentioned, the Landlord hereby demises unto the Tenant the commercial house and premises situated on
             residential house situated Plot No. 000, Isevya Street, herein referred to as ‘the demised premises’ for a period of 1 year
             commencing from the 1  June, 2024 to 31  June, 2025 at a monthly rent of Tanzania shillings 500, 000/=.
                            st
                                        st
             2.  Payment of the Rent
             The tenant agrees with the landlord the following;
             2.1  A monthly rent of TZS 500,000/= (payable in TZS).
             3.  Renewal of the Term
             Pursuant to the terms and conditions set out under this Agreement to be performed by the Tenant, the term of this Lease
             shall not be renewed for a further period because the latter intends to re-possess the premises for the government’s own
             use. That in this instance the landlord need not give any further notice as the Tenant is contractively informed of the
             Landlords intention of non-renewal of the lease.



             Form      Five                      102         Tanzania Institute of Education (TIE)



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